PIF Gaming and E-Sports Acquisitions at Breakneck Pace, with US$4bn+ Stake in Nintendo

20th February, 2023
Saudi Arabia’s Public Investment Fund (PIF) is continuing its aggressive push into the gaming industry, becoming the biggest foreign shareholder in Japan’s Nintendo and buying a stake in Chinese e-sports company VSPO.PIF now holds a 8.26% share of Nintendo with more than 107 million shares, each worth JPY5,458 (US$40.64) at...
Saudi Arabia’s Public Investment Fund (PIF) is continuing its aggressive push into the gaming industry, becoming the biggest foreign shareholder in Japan’s Nintendo and buying a stake in Chinese e-sports company VSPO.PIF now holds a 8.26% share of Nintendo with more than 107 million shares, each worth JPY5,458 (US$40.64) at...

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